How to use a credit card/shopping card correctly?

Through the information, we are going to help readers understand the principles of operation of this type of card and how I can use it in their favor and not in favor of the bank (you can easily go from one extreme to another, according to online reviews.


The credit card, also known as the shopping cart, is a line of credit that the bank grants to a citizen-based on his income. Each bank has minimum and maximum grant limits, and most of the time the credit line is offered depending on the net salary (maximum limits of up to 3, 5, or even 6 salaries can be offered). The principle of operation is similar for retirees (in their case each bank also has an age limit), and for those with special status (sailors, drivers, etc.) the demand is analyzed based on proof of income. A very important aspect is Debt Consolidation.

Credit card benefits

The credit card is undoubtedly a convenient, practical, and widespread tool, but do you know the advantages and possible disadvantages of electronic payment? Let’s be clear.

The credit card allows you to make payments online and to all affiliated merchants equipped with POS (point of sale) terminals, as well as to withdraw cash from ATMs by typing the PIN code issued by the bank and consisting of four digits. When you withdraw cash by credit card, fees apply.

Payments and withdrawals are debited from the holder’s current account at a later date: generally on the 15th of the following month of the day of the transaction and, in any case, no later than 30 days after the transaction. Credit cards have a monthly payment cap (cap) that varies by type (some cards may not have a limit) and works like a line of credit provided by the bank. Standard cards usually have a monthly spending limit of around EUR 1,500

The card offers the possibility to make purchases or make payments even when there is no liquidity in the current account because the debit on the current account is postponed. Credit cards also provide consumer protection in the event of fraudulent transactions, such as card cloning, fraud, theft, and loss. If this happens, you must request a card lock immediately.

Another advantage of credit cards is that they can be used abroad if they are connected to an international payment circuit such as Visa, Mastercard, and American Express, avoiding cash transport.

Credit card: possible disadvantages

One of the advantages of a credit card, that is, deferred debit, can be a double-edged sword, because if you do not keep your expenses under control, you risk going straight, affecting your creditworthiness.

In addition, if you withdraw cash from an ATM, you will pay very respectable commissions: lower if you are in Italy, higher if you are abroad.

Finally, although security systems are becoming more sophisticated, credit cards can be cloned and used for fraudulent transactions.